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Businesses For Sale > Business For Sale in Shreveport, Louisiana (LA)

Establised Pizza Restaurant for sale in Shreveport, LA

Shreveport, Louisiana (LA)

Asking Price: Gross: Cash Flow:
$ 499,000 $ 806,448 Undisclosed

Furniture and Fixtures Value:
$ 50,000 (included in the asking price)

Inventory Value:
$ 15,000 (included in the asking price)

Business Summary:
This restaurant is a very, well-known, popular place. The founder passed away a decade ago after a long, prosperous ownership of this business. The current owner has been in place for almost 10 years and has decided to sell the investment. This is the kind of business that rarely hits the market.Many people have grown up eating at this restaurant. The restaurant has a very good lunch, dinner and delivery business.This business has managers and a full staff. The owner is passive. This is a great opportunity as an investment or for someone to own and operate it.

 

   
Year Business was Established: 1985
   
Number of Employees: 19  
   
Facilities / Terms of Lease: Approximately 4,000 square feet with a combination of booths, tables and chairs that seats 125-130. Free standing building with good exposure and visibility on a busy 4 lane road. Restaurant has been in business since the mid-1980s but updated several times. Its well-kept, clean and organized. A very favorable lease goes with the sale.  
   
Potential Growth/Expansion: Currently, the business does little advertising. Sales could potentially rise up to 40% by advertisement and promotion. Video gaming is very profitable and by bringing the delivery function in-house a savings of up to 20% can be realized.  
   
Competition: This restaurant has been named as one of the best pizza restaurants in the Shreveport/Bossier City market numerous times. Video poker alone has made this restaurant an icon over the years with little local competition. Restaurant is in a prime location with heavy traffic and delivers via a professional delivery service.  
   
Owner willing to finance: No  
   
Owner willing to train: Yes up to 30 Days  
   
Reason for selling: Owner wants to focus on other investments.  
   
Seller Reference Number: bm946724058
BusinessMart.com Listing Number: 197453
 

 

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For more info contact:

Marc Able

Benchmark Business Brokers
Broker License #99569168
318-393-8421

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